Snap to lay off 20% of its workforce due to slowdown and Apple competition<div class="feat-image">
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<p>Snapchat has been losing money for a while now, and it seems that the company will soon be taking some tough measures to make up for it. According to a new report from
<a href="https://www.theverge.com/2022/8/30/23329301/snap-layoffs-20-percent-employees-snapchat" target="_blank" rel="noreferrer noopener">The Verge[/url], Snap Inc. (the company that owns Snapchat) plans to lay off about 20% of its employees in the coming days.</p>
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Snap to lay off 20% of its workforce due to slowdown and Apple competition